CRLO Displays Appoint Les Polgar From Kodak as CEO

(PRWEB) June 30, 2005

CRLO Displays (http://www.crlodisplays.com) was formed in September 2004 by European investors Amadeus Capital and Doughty Hanson Technology Ventures with $19 million in new funding. The company's Ferroelectric liquid-crystal-on silicon (FLCOS) technology is currently in use for advanced simulation and training systems.

“Displays are the most vital link between electronic systems and humans. Today, advanced displays fulfill the role microprocessors and personal computers did in the late 20th Century in energizing multiple new markets. I am truly pleased to join CRLO and lead its efforts to bring to market a new class of microdisplays for high-definition rear-projection television,” Polgar said.

At Kodak, Polgar led the successful commercialization of the world’s first consumer market active matrix organic light emitting diode (AM-OLED) display, which won the industry’s Best Display of 2002 Gold Award

Prior to Kodak, he held senior executive positions with Etec Systems (now part of Applied Materials), Air Liquide America Electronics and Bertram Laboratories.

Polgar holds a PhD in physics from Carnegie Mellon University, an MBA from the University of Connecticut and a BS degree from the University of Michigan.

He will join the CRLO Displays board and will open new offices in the San Francisco Bay-Silicon Valley area.

“We are pleased to welcome Leslie onto the board of CRLO Displays. We are certain that his commercial expertise will add further value to the business going forwards,” said Soren Hein from Doughty Hansen Ventures and Chairman of the CRLO Displays board.

“Greg Truman will remain Managing Director and member of the CRLO Displays board and will continue to work closely with Leslie to support expansion of the organisation in Projection Markets.”

###